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Tag: company

Cipla Medpro to acquire 30% stake in Brandmed Ltd

Drug major Cipla on April 16 said its South Africa-based subsidiary will acquire 30 percent stake in the connected healthcare firm Brandmed (Pty) Ltd for an upfront cash consideration of ZAR 65...

Government to open state-owned pharmaceutical company

The South African government plans to establish a competitive state pharmaceutical company in a bid to ‘de-commodify essential medicine supply to meet patient and national fiscal imperatives’. This was one of the...

Steinhoff lost R80 million on the sale of its brand new company jet –...

Steinhoff on Friday afternoon released its interim results for the six months to end-March 2018. It suffered an operating loss of €152 million (R2.4 billion) and its revenue declined by 6% to...

NMC Construction Group – A 63% blacked owned and fully transformed construction company

Underpinning a proud 34-year heritage the NMC Construction Group has established an exceptional reputation as a designer and builder of industrial, commercial and infrastructure projects. “In line with the groups...

You can soon demand that companies remove your personal data from their systems

The Protection of Personal Information Act (POPI) is expected to be introduced soon, bringing with it a host of new changes regarding privacy laws in South Africa. Chief among these...

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Eskom to face severe challenges in replacing older plants

Eskom will face severe challenges in replacing its older electricity plants because traditional financing institutions have indicated they will no longer fund new coal...

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